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in washington this weekend. >> port: thpresident declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have
the cliff- hanger over the nation's east and gulf coast ports, is almost over. federal mediators say dockworkers represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andthat is a cause for optimism in the merger market. m & a has been fantastic. 9 market has been okay. it's not been at the terrible but it's been good. it's been held back by the negativism that was focused on the eu and this ye
that could shut down some of the country's busiest ports. we'll show how it could impact you. ?o [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise i
coast ports, is almost over. federal mediators say dockworkers represented by the longshoremen's union and the u.s. maritime alliance are close to finalizing a new labor deal. so close, that they've extended the deadline on negotiations by another 30 days. this heads off a strike that could have begun on sunday, crippling 14 important ports. the possibility of a strike worried retailers, manufacturers, and farmers, and risked losses in the billions. >> susie: our next guest says once the fiscal cliff mess is resolved, there will be an explosion of mergers and acquisitions in 2013. he's robert profusek, chairman of the global m&a practice at jones day. so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there
could suffer yet another major blow. looming strikes at ports from next sass to boston are threatening to put thousands of americans out of work. with potential losses for u.s. businesses ranging in the billions. >> the port of baltimore is one of maryland's largest economic generators. any type of work action that may result in a suspension or stoppage of work would have an adverse effect. >> we handle more cars, we handle more farm and construction equipment than any other u.s. port. patti ann: we're learning that adverse effect could take a toll on the economy. fox business network's stuart varney has more for us on that this morning. good morning, stu. >> good morning, patti ann. you're talking about two million tons of cargo a day. you're talking about billions of dollars of commerce every single day. if there is a port strike that takes place possibly on sunday of this weekend, then 14,500 dock workers walk off the job at 14 major ports on the east coast and the gulf coast. directly affected? retailers who will have a hard time getting supplies in for the spring sales. the wareho
from ports from boston to houston. coming up. plus the fbi has again released its file on marilyn monroe. this time minus all of the redactions. what the documents say about her and her suspected ties to communism ahead. and word that president george h.w. bush is improving and even singing in the hospital. that's coming up as we approach the bottom of the hour and the top of the news. [ cellphone chirping ] [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedh
. >>> problem averted? dock workers that were threatening to strike and shut down ports tomorrow come to a temporary deal but could the country be facing the same problem in 30 days? we'll talk about that. >>> plus, severe weather could be on the way to the east coast as parts of the country continue to recover from storms that crippled communities already. who may be affected this weekend? >>> plus -- >> from father to father, president, i just ask that as a father just to consider what's happening to the families that are in process. >> couples hoping, praying to adopt russian orphans and pleading with russian president vladimir putin after he signs a law banning americans from adopting russians. one advocate said they're small change in a game between two states. >>> as always, join our conversation on twitter. you can find us. >>> another winter storm is moving in to parts of the country right now. 65% of this nation blanketed from snow from the last one. look at that map. a whole lot of snow in a lot of places. that massive system is gone but not after a foot of snow in new engla
shut down ports all over the east coast have been averted for now. the longshoremen union along the east coast and the gulf of mexico says it will extend its contract for the next 30 days. that extension prevented a possible strike which could have crippled operations at ports that handle nearly half of all cargo in the united states including in our area at the port of baltimore. >>> we have breaking news tonight out of prince george's county where we are following a deadly fire in a townhome in green belt. you're looking live at the scene on laurel hill road. the flames broke out an hour ago. fire investigators say one person is dead in this fire, two others in the hospital, but with nonlife threatening injuries. no word yet on a cause. >>> a news alert from the district, d.c. police want to talk with these two men they are calling persons of interest in the murder of a man on capitol hill. the victim, jason emma, was shot and killed monday while he sat in his car on c street northeast blocks from his home. emma grew up in arlington county and had just recently moved to capito
of the reasons they have been so locked up with they are thinking they want to keep their port. the russians are not the only one involved. lots of people sending weapons into syria. you have a war going on with the wrong, on the other side, you have weapons coming from saudi arabia and qatar in turkey and that is what is supplying the rebels in the civil war that is continuing to rage on. both of those don't really have a lot to gain. they have a lot to lose. their side loses, they will lose a lot. as long as the syrians are willing to keep killing each other in this process, so far the syrian civil war has now claimed 44,000 lives. many people believe there really no matter how this breaks down over the next couple of months, even if bashar al-assad does leave his power, this war could still rage on for a very long time to come. the 44,000 number could just be the beginning. a lot of people are saying that we could double that number if the violence continues over the next year. as it continues to creep closer and closer to the major cities inside syria, like what we are seeing right now.
-out could affect ports from boston to houston. >>> for the second time this month a man has been pushed to his death in the path of a new york subway train. >> crazy people running the streets. >>> an uninvited guests slithered into a backyard in florida. >> somebody else got the shower on the sideline. >> jamal crawford who i think should be an all-star coming off the bench is dangerous. be still. >> and all that matters. >> hillary clinton plans to go back to work just in time for the new year. >> two reather than get angry and you show it you live a lot longer. >> he gives a speech about hitting the debt ceiling! i'd like to see if he could even count to 1 million much less 16.4 trillion! captioning funded by cbs >> it's friday welcome to "cbs this morning," everyone. i'm jeff glor with rebecca jar sis. charlie, gayle and norah are off. there are predictions but little progress in washington with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the dead
. these are the workers who move goods from the nation's ports to the stores. >> everybody from your mom and pop retailer to your farmer, to the trucking company who has go in and pick up the containers at the ports. this will be felt not just at the local economy, but nationwide for everybody else who relies on these ports. >> one port official says east and gulf coast ports handle about $55 billion worth of cargo a month so a strike could have a major effect on the retail business. >>> land lines not going the way of the vcr just yet. older americans are slow to get rid of land lines and go mobile. the centers for disease control asked 20,000 households about trends throughout the year. the study found about 52% use cell phones for all of their cal calls, that's less than 2% increase from previous years. the older generation is slower to make the switch. >>> patrick democracy might play a doctor on television but he's doing some economic cpr in real life. the ""grey's anatomy" start" trying to rescue a coffee shop chain in seattle. they're hoping to save about 500 jobs. democracy said he within as to g
on all of the ports on the east coast of america? >> it would have been fairly significant if we would had a shutdown on all of the ports from the east to texas and it would affect importing, exporting, manufacturers who rely on inputs to production, farmers who are trying to get their products to market overseas, trucking companies who sold jobs to pick up containers at the ports this would have been felt fairly wide throughout the u.s. economy. >> can you put a number on it? can we look at previous shutdowns of ports and what they cost the u.s. economy on a per-dayis bahhis, for example? >> sure thing. when we look back at what happened in 2002 we had a full shutdown on the west coast with a ten-day lockout. that lockout cost the u.s. economy about $1 billion a day and it took more than six months to fully recover from. >> i have to think that a lot of retailers have already tried to make alternate plans because they were fearful this was going happen and so as a result have started to spend money. did some companies start airfreighting stuff instead which would be much more expensiv
news tonight for the ports up and down the east coast in the retailers to depend on them. the possible strike that could a crippled the cargo economy will not happen for at least another 30 days. 11 news has been keeping an eye on the negotiations. federal mediators say that the union has agreed to extend their contract until at least midnight january 28th. the work stoppage would have idled shipments of a huge range of consumer products from electronics to clothing. now to the fiscal cliff hanger. three more days and then tax hikes on everyone, automatic spending cuts, and no deal reported. the two parties are talking again at least. steve has the latest from capitol hill. >> sources are capitol hill say president obama in today's talks feels he has the advantage back and that he will press on his original demand that income taxes rise on earnings over $250,000. it's a positive sign, the first meeting since mid november the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says
that would have affected the port of baltimore is on hold now. more than 14,000 longshoremen threatened to strike. the strike would have crippled operations at the port. one week from tomorrow, crossed the island will officially retire -- carl snowden will officially retire. he has a court date for violating his probation on a drum driving case. >> there was a shooting in north baltimore. this happened on sunday afternoon. abbas is found and until now suffering a gunshot wound to his back. a suspect shot and wounded his own sister. he was fighting with his family in edgewood late saturday night. police say he pulled out a gun and shot through the front door. the round hit his sister. >> 29 degrees at the airport. 5:37. >> you might want to see food for a couple of days. >> like volume on the roads -- >> like volume on the roads -- light welcome back to 11 news today. 5:40. clouds are starting to build in. we have so much less wind today. from central's into southern maryland. a little warm in ocean city with partly cloudy skies. clouds will be building in from the north and west. there
not be so significant is the fact they're making it is significant. russia has a very critical port along the syrian course along the mediterranean the port of tartuse. russia is trying very hard to keep tear influence inside syria and may be trying to play both sides of the coin here. they want to keep assad so they have influence with him and to hedge their bet to gain as much influence with the syrian rebels so if the rebels win they get to keep the port which is their only naval port outside the russian federation. going forward this turned into a little bit of a proxy war. a number about weapons the rebels are getting especially coming from outside powers. obviously president assad has been resupplied by iran and russia. rebels being supplied by saudi arabia, qatar and also turkey so that both side here have little interest in a peace deal. more interestingly both sides, the saudis and the iranians, have an interest in trying to see this go on as long as possible and an interest seeing their side win inside syria. they're willing, more than happy in fact, to supply money and weapons
15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain heading towards the bay area and you can see that low. it's right there. so it hasn't quite hit the bay area yet. but by later on this afternoon, that's when we're going to see light showers and it's going to quickly spread all across the bay area, continuing to tomorrow morning. so it's on approach right now and you can see those showers. bring an umbrella if you are heading outside at all today. so again you won't need it for this morning. the only thing we're talking about are all these cold temperatures. very chilly. fairfield 34 degrees. san francisco in the 40s. it's going to be a cold day this afternoon. temperatures sightly below what we saw yesterday, 54 in oakland, 51 in san rafael, 52 in santa rosa. so you got the idea. just a cold rainy day on tap. it looks like it's going to continue through tomorrow cle
, however, has been averted on the east coast and gulf coast. a massive looming port strike will not happen, at least for now. going live to miami ahead in a few minutes for up to the minute details on that and why it's not -ealing a blow to the u.s. economy. first, stocks, as we do every 15 minutes, going to the floor. new york stock exchange. lauren is there watching it. any indication from the investors and traders about a deal? are they telling you if they have an inside scoop? >> they do not have an inside scoop, but there's con play sen sigh, and stocks stuck in the range, down half a percent for the broader market, down for five days in a row waiting, two hours from now, to hear somebody in washington say something about fiscal cliff, and then we'll move on that news, but traders are saying if we get a deal done, we'll see the market take off. we have not seen a santa claus rally this december, unfortunately, and, in fact, the nasdaq lower. stocks lower, by the way. here's the new york stock exchange, three stocks trading down for every one trading up. another thing trading up a the
force. >> 30-day contract extension agreed to by the long shoreman shipman and port operators friday temporarily averts a shutdown of the 14 ports from massachusetts to texas. 14,000 long shoremen still find their jobs threatened by out automation. today it takes one long shoreman to do the works of three we have seen before. >> efficiency and new productivity, machines come in play. people are displaced by that. to maintain cost and come pettive market we have to pay attention to. president obama is beholden to unions. he's made a point of supporting them. >> look at how the unions built the stronger middle class and stronger america. >> day after that, michigan became the 24 state to pass right to worklaugh. the president option to reward unions are limited. >> we'll expect the leadership from president obama. >> more than 5700 new regulations posted in 90 days alone. >> way to do it from the union per speculative to raise the workers' pay around the world. >> laying the ground work to protect workers from detroit to juarez to shanghai to bogata. getting the government and multinat
get to your calls. this is the lead story in the "l.a. times" class morning. port strike part of a bigger fight. the eight-day strike that crippled one of the world's busiest ports reflected a clash that is playing out across the global shipping industry as ports and their unionized work forces gird for an era of briskly expanding foreign trade. the strike that shut down the ports of los angeles and long beach paralleled the generational skirmishes that have ripped through factory shops. cargo companies and ports want to cut costs and automate operations to compete with aggressive rivals in canada and south america. that is pitting them against unions, which are struggling to reserve high-paying jobs for the middle-class members. it was resolved late tuesday, according to this article. here is the front page of the press." feet frefree state says detroit out of time to fix its fiscal mess. falling revenues and rising expenses. the state of michigan delivered an abrupt ultimatum to the city wednesday. move quickly toward reform, or an emergency financial manager will be reporte
of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> a recap of the headlines. the fiscal fight rages on in washington as republicans try to fend off an internal divide. shanghai stocks jump after china's government plengs to support pro-growth economic r
ports from boston to houston. those ports move as much as 100 million tons of goods each year including everything from flat screen tvs, sneaker and snow shovels. >>> the housing market shows new signs of rebounding. the commerce department says sales of new homes increased by about 4.5% in november from the month before. that's the fastest pace in two years. >>> and that's your moneywatch. for more, stay with cbsmoneywatch.com. back to you. >> thank you. >>> with all the snow falling in the sierra, avalanche concerns are on the minds of many after two people died at resorts this week. cbs reporter neda iranpour asks, what's being done to keep skiers safe? >> reporter: it's one of the snowiest decembers here at northstar ski resort during one of the busiest weeks. >> i love snow. it's really cool because it's all fluffy and soft. >> the conditions are amazing, we have had a lot of new snow. >> reporter: but potential for avalanches goes up as the snowpack does. >> it helps with a sliding surface. you have a hard base underneath and light snow on top. >> reporter: two avalanches on chris
ports from massachusetts to texas. >>> stock prices have doubled since march '09 and that hasn't stopped american investors from selling stocks five gleers a row. an associated press analysis shows individual investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time to buy. >> yeah, maybe. >> thank you, seema, if you can get the loan. >>> why when we just upgraded their trade status in we're about to get answers from a russian expert just ahead. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit offection. report. i'm michelle caruso-cabrera. >> gun
? and could you comment on where the commercial space ports of the future will be located? >> well, for suborbital manned spaceflight, they can use any airport with a 12,000 foot runway. branson is considering doing it in an isolated place in new mexico. i tried to talk him into doing it in a place where there is an ocean and something worth looking. at any rate, his plan to put spaceports in five or six different countries, he wants to do one or you can let people see the northern lights during your space flight. so he has some really neat ideas about where it could be done. when you look at where funds are available for a space port, there is one planned in dubai. there is not one affordable enough to fly into orbit, so i suggest that we had better solve that problem and then think about what a space port would look like. >> your thoughts on using model aviation as a funnel for youth to get into aircraft engineering, because your friends at the faa are trying to lump us then with the uab program. >> not just the faa. they are now in the air force debating how do you give an air m
again. tracy: and 14 major ports that are being threatened to be shut down. we will get the latest. lori: also confidence in the global economy is higher suggesting people are picking up more security. we are back after this. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, ashis may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effectsay include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting morehan four hours. if you ha
it happened and what the coast guard is doing to get it safely back to port. uma: we are following some disturbing developments out of iran. the country's navy is reportedly test firing a range of weapons including torpedoes and missiles near the strategic strait of hormuz, a vital passageway for 1/5 of the world's oil supplies. joining us to the discuss the possible ramifications, aaron david miller, a former advisor to six secretaries of state and vice president of the woodrow wilson center. great to have you here today. >> great to be here, uma. uma: how concerned are you by the recent actions of by iran regarding this test firing going on by the straits of hormuz? >> happy new year, and by the way this is really the mullahs way of extending a happy new year to the administration as well. these are aer is series of six-day integrated exercises to demonstrate and show that the iranians can take care of their own business and defend their coastline and if necessary, if necessary, put up an offensive deterrent capacity in the event they're struck by the united states and israel. i think
people make sure that the middle class and the port are taking care of. we have the calmness from "the move on.times," let's >> hours later, senator reid returned to the floor. >> i now ask unanimous consent that at 1:30 p.m. today, the senate did proceed to read s664, regarding the debt limit increase, that there be no limits [indiscernible] upon user yielding back at that time, the bill will -- >> is there an objection? >> i reserve the right to object. what we're talking about is a perpetual debt ceiling grant in effect to the president. matters like this always require 60 votes. i would ask my friend, the majority leader, if he would modify his consent agreement to set the threshold at 60. >> majority leader? >> reserving a right to object. what we have here is republicans in the senate not taking is for an answer. this morning, the leader asked for consent on the proposal. now i am telling everyone to have that good, upper down vote. now he rejects his own idea. i guess we have a filibuster on the bill. so i object. >> is there an objection to the original request? >> yes, i rejec
into exile in palm beach, the south of france, hyannis port. >> did joe ever regret that he was wrong about the nazis and world war ii? >> no. on the contrary. there was this moment where he meets with churchill. churchill was defeated and the war is over and he's defeat and he comes to the united states for a vacation. they meet and winston churchill said to joe kennedy i am desperately sorry your son was killed in the war. joe jr. was killed in a bomber and crashed. joe kennedy looks at him and said what was it all for? all we got now is the soviets dominating europe instead of the germans. we fought a war for this? >> did joe's outspokenness against world war ii make kennedy more of a hawk and jfk ending up being more of a hawk in response to his father? >> that's a great question. i don't know. i think part of what jfk does is follows his father. his father was an isolationist, but he was also in favor of huge military budgets to build up missile systems and every conceivable type of defense. first against the germans so they could never invade the united states and against the soviets.
a lot of major infrastructure projects mines being built, hydro electric ports and all of the infrastructure and oil and gas. it is kind of endless. >> the minister of energy in the province of alberta says canada is looking to double its oil production over the next 10 years, but it needs more trained workers. >> the kind of positions that are open are people who are engineers, people who have welding skills, people who are are -- who have skill sets in construction. it is a wide range. >> and they are looking by posting ads on youtube and holding job fares with the help of u.s. officials. >> how are you doing? >> he is one of 600 people who recently stood in line at a job fare near springs, california. he is willing to move to support his two young children. >> everybody has to make sacrifices in life to go anywhere. opportunity presents itself, you might as well reach out and grab it. >> with british columbia and alberta presenting a shortage of more than 150,000 over the next decade, americans have an opportunity to earn big money, up to $150,000 a year or more for
of major infrastructure projects mines being built, hydro electric ports and all of the infrastructure and oil and gas. it is kind of endless. >> the minister of energy in the province of alberta says canada is looking to double its oil production over the next 10 years, but it needs more trained workers. >> the kind of positions that are open are people who are engineers, people who have welding skills, people who are are -- who have skill sets in construction. it is a wide range. >> and they are looking by posting ads on youtube and holding job fares with the help of u.s. officials. >> how are you doing? >> he is one of 600 people who recently stood in line at a job fare near palm springs, california. he is willing to move to support his two young children. >> everybody has to make sacrifices in life to go anywhere. opportunity presents itself, you might as well reach out and grab it. >> with british columbia and alberta presenting a shortage of more than 150,000 over the next decade, americans have an opportunity to earn big money, up to $150,000 a year or more for some trades. the
ports. a work stoppage to cost the economy $1 billion a day. it's friday, december 28th, 2012. and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. and it does feel like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one bei
and pass that. instead to my they came back to washington to get their fix. the port that is in this bil, and it is ridiculous. tom: like you said, trying to cram all this in before the end of the year. is -- every piece ofp proponent writing about this has said this is critical. you do it before the end of the year because these victims are sitting there, and it's true. the victims are still sitting there in horrible conditions. temporary housing. a lot of that ends on december 31st. in motel rooms, try to figure out where to go. homes are destroyed. is the some urgency, some part of this that can make a difference in some part of somebody's life next week? >> is no doubt about it, but make the case for why the senate should have done this right. what put all this pork inerrant way this bill down. it's disgraceful to load a bill like this that has good motives to my good intentions, help people with pork. it's an emergency bill for sandy victims. it's typical of washington. exactly the type of thing that needs to stop in the city. frankly, it encourages young people like me who will hav
, what advice do you have [indiscernible] that in five -- that provide insurance to the port. we are looking for alternatives for the future. >> government has grown too big, promised to much, but it is not too late. the charitable sector will be more important, and individuals take more to us responsibility for their future. charities need to have that reality and figure out what they can do to improve their role and retain some level of support for charitable contributions. >> the problem is not what we promised the poor. the problem is what we promised the middle-class. our expenditures are squeezing the life out of the rest of the government. i think advocacy groups for the poor should be among the strongest proponents of fixing these major entitlement programs, medicare and social security. we can do that without impacting the poor hardly at all. >> i think we have a myriad of anti-poverty spending programs in this country. they are duplicative. they do not all have good outcomes. as groups think about these issues, it is important to focus on outcomes, streamlining programs
in economic activity. national security because we close the only port in the northeast that is a military port and always the commercial port when we need to in the case of emergencies. you know, i could go on and on. so mr. secretary, in your other role here, i want to get a sense from you as to the commitment of this administration and the federal government to help the new jersey, certainly new york as well in the region recover. because, you know, when we had hurricane katrina and the gold coast and mississippi and alabama and louisiana, i was spared. when we had tornadoes in joplin, missouri, i was there. what we have flooding along the mississippi, i was spared. when we had crop destructions in the midwest, i have been there because they believe this is the united states of america. so i fully expect that now for the first time we have the type of devastation that others have suffered and should understand that we are going to have the type of response others have received. further to get a sense, i know are working towards this goal, but a sense this administration has stories of s
and shippers to avoid a crippling strike at atlantic and gulf coast ports. it would be the first since 1977. the workers' union contract expires this weekend, and a white house spokesman said today the two sides need to agree on a contract extension as soon as possible. talks broke down last week in a dispute over wages and royalties. the christmas season storm that blasted the south and midwest swept across the upper northeast and new england today and the death count climbed to 16. the system dumped a foot or more of snow in parts of pennsylvania, upstate new york and new hampshire. in some places, snow brought road travel to a standstill. at the same time, operations at major airports improved, with far fewer delays than earlier this week. in india, the embattled prime minister remained under pressure to take action against sexual assaults after a gang rape this month triggered violent protests. manmohan singh promised a thorough review of india's rape laws and efforts to expedite trials. meanwhile, police moved to quell a rally by about 500 students protesting the treatment of women as
holman. >> holman: the u.s. economy has dodged a potentially crippling strike at ports up and down the east coast and gulf coast at least, for now. the longshoremen's union agreed today to extend its existing contract by another month. that word came after the union and shipping lines worked out a deal on royalty payments for unloading containers. the contract extension gives the two sides time to resolve their remaining issues. wall street finished the week with its fifth straight losing session. stocks have been falling as concern mounts that washington will fail to get a budget deal. the dow jones industrial average lost 158 points today, to close at 12,938. the nasdaq fell 25 points to close at 2,960. for the week, both the dow and the nasdaq fell 2%. sectarian tensions flared across iraq today as tens of thousands of sunnis staged mass protests against the shi-ite-led government. there were rallies in fallujah and ramadi, where protests already had erupted earlier this week. today, mosul, tikrit and samarra had demonstrations as well. protesters took to the streets waving fla
on their own. the midwest would split off from new england. new york might set up as an independent free port. in other words, north america would turn into another europe, if you will. to understand that that's what the stakes were and to see this man who, as you say, led a party that had never governed before, who had no military experience, and yet had to create an army of a million men out of raw volunteers, to see him make that work and fight his way through it i think really brings to life this transition to greatness that lincoln was able to make. >> and you write in here, you know, it's not as if he didn't know the situation he was in. and you write in here about how lincoln was aware more than anyone of this, and he always liked to refer at the time to somebody that was popular, tight rope walker jean-francois grabolet, who had performed stunts over nigagara falls, pushing a wheel barrow, cooking an omelet and all these sorts of things. he knew he was sort of on this tight rope that one wrong move and it all goes wrong. >> you can see over and over again during this year, 1862, how l
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